$ETH
Here’s a breakdown of ETH (Ethereum) for today:
Current price: ~$2,545 USD
24‑hour range: Approximately $2,470–$2,770
Market down ~7% from yesterday’s peak around $2,878
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🔍 What’s moving ETH right now?
1. Macro volatility & geopolitical pressure
ETH dropped 7% amid a broader flight to safety sparked by recent Israel–Iran tensions .
Markets also responded to cooler U.S. inflation data (CPI), which first spiked crypto briefly before reversing .
2. Technical charts & resistance zones
Ethereum briefly tested the $2,878 level but couldn’t hold above it, signaling a bearish pressure near critical resistance .
3. Institutional interest & technical upside
On the brighter side, futures inflows and ETFs are gaining momentum; Ether futures at record highs and ETF inflows reached a multi-month peak (~$125 M in one day) .
Technical analysts predict a possible breakout toward $4,000+ based on bullish patterns like the broadening wedge and cup & handle.